Innovation

Innovation

Innovation is one of the most overused terms and least understood aspects of creating and sustaining a successful business.

This is a major problem for businesses, as developing the ability to regularly innovate is becoming imperative for long-term survival.

The following resources aim to help demystify innovation and highlight how you can make it practical and a part of the way you do business.

The Key Elements of Innovation Thubmnail

The Key Elements of Innovation

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Being able to manage the key elements of innovation so it becomes a focused, well-developed and repeatable activity, is a key characteristic that separates the most successful businesses from the rest. Effective ongoing innovation requires a focus on the three key elements of innovation. These are having: A well developed ...

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What is Innovation – Moving Beyond the Hype Thubmnail

What is Innovation – Moving Beyond the Hype

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The question ‘What is innovation?’, is often surrounded by a lot of hype and mystique. Because of this, innovation is often misunderstood. This can be tremendously detrimental to those wanting to get started on their innovation journey and should be avoided at all costs. Instead, the answer to ‘What is ...

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Why Businesses Struggle to Innovate Thubmnail

Why Businesses Struggle to Innovate

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Typically, businesses struggle to innovate because of disproportionate optimism. Logically, innovation makes a lot of sense and most business owners understand that it’s a key driver of their long-term success. Nevertheless, they often struggle to innovate and fail to engage in the ongoing innovation activities needed to sustain long-term success! ...

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How to Develop Business Creativity! Thubmnail

How to Develop Business Creativity!

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Business creativity requires an understanding of the nature of creativity and what it takes to make it flourish within the individuals and teams in your business. To survive and successfully grow a business in the long-term, creativity must form part of your business’s culture. If you’re not constantly developing new ...

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Creativity and Innovation – The Keys to Success! Thubmnail

Creativity and Innovation – The Keys to Success!

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Creativity and innovation are fundamental to long-term growth and success! Success requires that you not only create sufficient value for your customers, but critically, that you capture enough of that value for yourself! This involves identifying opportunities, diagnosing problems and developing and realising valuable commercial solutions. Central to this process ...

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Why Mindset Matters to Innovation! Thubmnail

Why Mindset Matters to Innovation!

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Your mindset determines business innovation effort and is one of the most powerful determinates of success and the outcomes you achieve in your life. It can be the fuel for ongoing learning, continuous improvement and the foundation for your success, or it can be the source of insurmountable obstacles that ...

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Failing to Innovate Destroys Businesses and Industries! Thubmnail

Failing to Innovate Destroys Businesses and Industries!

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Failing to innovate leaves businesses and industries at risk of destruction. Competition constantly increasesand customers’ expectations constantly grow.  No matter how successful you were in the past, you need to innovate to survive. This means not just changing but making the strategicchangethat leads to greater value and sustained business growth. ...

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Overcoming the Barriers to Innovation! Thubmnail

Overcoming the Barriers to Innovation!

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By its very nature, overcoming the barriers to innovation is about change management and moving away from the relative safety and comfort of the known. Innovation requires not only generating new ideas but implementing them and that means overcoming the barriers to innovation and change. A sudden focus on innovation ...

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How to Innovate and Grow Your Business! Thubmnail

How to Innovate and Grow Your Business!

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How to innovate and grow your business is an underlying need shared by most business owners. We all want to maximise our wealth and success but not every business owner knows how to go about it! It’s not a secret – innovation is crucial in order to grow your business, ...

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Innovate to Survive or Risk Dying Young! Thubmnail

Innovate to Survive or Risk Dying Young!

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You must innovate to survive. As a business owner, you’re probably quite time-poor. If you don’t get much time to think about strategy and innovation – you’re not alone. In terms of priorities, the main thing is that everything keeps running smoothly. Right?…Wrong! Innovate to Survive – Are You Living ...

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